Today’s edition of Skift’s daily podcast looks at cruise line CEO pay, safari tourism in Tanzania, and Marriott and Expedia’s attempt to limit some discount rates.
Everybody in the cruise business suffered during Covid except CEOs, it seemed. As passengers canceled or got sick, and workers got laid off, executive compensation topped 1,000 times the median worker's pay. Including tips.
Norwegian Cruise Lines says it has enough liquidity to weather a prolonged break from cruising. But with the prospect of more than six months without sailing now likely, how prolonged are we talking?
There was no chance any cruise line's first quarter was going to be palatable. Norwegian Cruise Line's position gives an idea of how long the industry might take to recover.
Like the other two major cruise lines, Norwegian Cruise Line is struggling to financially survive in a time when ships are docked and no revenue is coming in.
The cruise industry has had a spectacularly rotten week. Facing criticism from all sides, it looks increasingly unlikely that many lines will still be sailing as scheduled on Monday.
Global cruise lines are growing fast, turning ships into theme parks and dining destinations. The simplicity of cruising remains a strong draw for consumers despite sustainability concerns.
We're a long way into the current economic cycle and despite the potential for a slowdown, Norwegian Cruise Line Holdings CEO Frank Del Rio sees plenty of reasons to be cheerful.